AUD exam tomorrow advice

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    Topic
  • #1621850
    Ashley Le
    Participant

    Hi all,

    I will take AUD tomorrow ( failed twice at 72). This is my 3rd time as well as the last exam. I read Becker book, practiced all Becker MCQ, Sims, Skill Practice, Mock Exam (score: 73% and 81% ) + NINJA MCQ ( Trending 84%, average score 80%) and all Sims. What else should I focus on before the exam ?

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  • #1621921
    Anonymous
    Inactive

    Transaction cycles, different audit reports for different engagements. Good luck-sounds like you are ready.

    #1622158

    Sounds like you are ready to go. Now, in case you have a similar AUD exam that I took last August 22, 2017, try briefly reviewing the following:

    – Practice all your latest AICPA Released questions, check even the incorrect ones.
    – Make sure to visit AICPA's website for Sample test.
    – Be comfortable with analytical procedures (i.e ratio analysis). Yes, number crunching in Audit Section.
    – Also be familiar with FS reconciliation, analysis, JEs and other related substantive testing. Yes, you might see numbers on them and even use your calculator. Don't be surprised if you don't see any DRS.
    – Don't spend more than 10-15 minutes on Research Questions.
    – Be comfortable with audit procedures.

    It's doable as to time management. You'll finish on time, at 45/45/30/60/60 mins split with all 5 testlets respectively.

    That's about it. I can't add anymore, having in mind the fear of being disciplined, and in trouble with AICPA's policy of ‘divulging nature' of CPA exam, except of what our service provider's are generally advising out there. I hope this helps. You're really close.

    Even finishing my Q3 AUD on time, I still consider it as '50/50′, meaning ‘pass or fail'. Yes, '75' is the ‘magic number'. Not a 71, 72, 73 or even 74.

    Good luck. Wishing you the best.

    AUD - 49
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - 55
    Passed: AUD (75%'08/77%'17), REG (76%'09) & BLaw(77%'99); highest on FAR (63%'11/'15) & BEC (63%'11). Credit Hours: USA(PH)-BCom'85(4yr-grandfathered); UBC-(DAP'02/'19); DC-(BBA-Acctg.'22-4th yr)=over 150 hrs credits
    #1622825
    Ashley Le
    Participant

    @Earla,
    Thanks for your advice. I took AUD yesterday and as you said, there were lots of calculations. Luckily, I was not so surprised since I read your advice. I felt pretty good after the exam. Everything is doable although there were some tricky questions. We will know the result on 9/19 and hope that we will both pass this exam.

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